Author: Fiona Craig
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GE HealthCare lifts profit outlook after steady Q3 results; shares slip 2%
GE HealthCare Technologies (NASDAQ:GEHC) reported third-quarter results in line with expectations on Wednesday and raised the lower end of its full-year profit forecast, though shares slipped 2% in premarket trading. The medical technology group posted adjusted earnings of $1.07 per share, roughly matching the $1.05 analyst consensus, while revenue climbed 6% year-over-year to $5.14 billion,…
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Generac Holdings cuts full-year outlook as weak generator demand hits Q3 results
Generac Holdings (NYSE:GNRC) shares dropped more than 5% in premarket trading Wednesday after the power equipment manufacturer missed third-quarter estimates and cut its full-year guidance, blaming unusually mild weather and fewer power outages for weaker-than-expected generator sales. The Wisconsin-based company reported net sales of $1.11 billion, down 5% year-over-year and below the $1.19 billion Bloomberg…
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Otis shares climb 3% as strong service division lifts Q3 earnings above estimates
Otis Worldwide Corporation (NYSE:OTIS) shares gained 3.15% in premarket trading Wednesday after the elevator and escalator manufacturer reported third-quarter earnings that beat analyst forecasts, powered by continued strength in its service business. The company posted adjusted earnings of $1.05 per share, topping the $1.00 consensus estimate. Revenue rose 4% year-over-year to $3.7 billion, exceeding the…
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TE Connectivity shares jump 10% after record Q4 results and upbeat FY26 outlook
TE Connectivity Ltd (NYSE:TEL) surged nearly 10% in premarket trading Wednesday after the industrial technology group reported record fourth-quarter results that topped Wall Street expectations and issued a bullish forecast for fiscal 2026. The company posted adjusted earnings of $2.44 per share, handily beating the $2.29 analyst consensus. Revenue climbed 17% year-over-year to $4.75 billion,…
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Avantor shares sink 14% after Q3 earnings miss and $785M impairment charge
Avantor, Inc. (NYSE:AVTR) shares plunged 14% on Wednesday after the life sciences tools provider fell short of Wall Street expectations in the third quarter and announced a major non-cash goodwill impairment charge tied to its distribution business. The company reported adjusted earnings of $0.22 per share, slightly below the $0.23 analyst estimate, while revenue dropped…
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Clarivate boosts 2025 revenue outlook after Q3 earnings top estimates
Clarivate Plc (NYSE:CLVT) raised its full-year 2025 revenue forecast on Wednesday after reporting third-quarter results that beat analyst expectations, driven by stronger subscription performance and cost discipline. Shares rose 1.37% following the announcement. For the quarter ended September 30, the data intelligence and analytics company reported adjusted earnings of $0.18 per share, above the $0.16…
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Centene shares surge over 10% after Q3 earnings crush estimates, guidance lifted
Centene Corporation (NYSE:CNC) shares jumped more than 10% in premarket trading Wednesday after the healthcare insurer reported third-quarter results that sharply outperformed expectations and raised its full-year guidance, signaling continued progress in its turnaround strategy. The St. Louis-based company posted adjusted earnings of $0.50 per share, beating the analyst consensus of -$0.16, while revenue rose…
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Fresh Del Monte beats Q3 profit estimates as focus on high-margin products lifts results
Fresh Del Monte Produce Inc. (NYSE:FDP) reported third-quarter adjusted earnings that topped expectations, driven by its continued shift toward higher-margin categories and portfolio optimization efforts. Shares rose modestly in premarket trading Wednesday following the announcement. The company posted adjusted earnings per share of $0.69, well ahead of the $0.50 analyst consensus, while revenue totaled $1.02…
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Bloom Energy shares soar 18% as Q3 earnings and revenue crush expectations
Bloom Energy (NYSE:BE) surged more than 18% in premarket trading Wednesday after the clean energy company reported third-quarter results that handily beat analyst estimates, fueled by strong demand for its fuel-cell power systems and expanding AI-related partnerships. Revenue reached $519 million, well above the $428 million consensus, representing a 57.1% year-over-year increase.The company also posted…
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Booking Holdings shares climb 2% after earnings top forecasts on robust travel demand
Booking Holdings (NASDAQ:BKNG) shares gained around 2% in premarket trading Wednesday after the online travel leader reported third-quarter earnings that surpassed Wall Street expectations, driven by resilient global travel demand despite ongoing economic and geopolitical uncertainty. The company posted earnings per share of $99.50, ahead of analyst estimates of $95.44, while revenue rose to $9…